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Short the vix?
4ht July fireworks happening tonite
How much hard cash do you all keep on hand?
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My guess is yes since we seem to be heading lower. Just for peace of mind, it may be good to DCA during a downtrend like this.
I had enough money at the time to 2x my monthly investment when the s&p was 4200ish now I only have enough for a regular monthly investment and the s&p is ~3800. Tough to guess the bottom and I’d hate to miss out on buying now if this is the bottom just like I’d hate to miss out on investing next week if we go down another 5% or the week after if it goes down another 5% or the week after if it goes down another 5%.
Pro
Don’t time the market, keep contributing